About this home

$18,000 BUYER’S CREDIT! Turnkey Cash-Flow Investment Opportunity! Incredible opportunity to own a fully leased, income-producing property backing a quiet greenbelt in the highly rated Tahoma School District. This unique approximately 4,000 sq. ft. property features 9 bedrooms and 4 bathrooms thoughtfully configured into 3 separate, private living quarters under one roof, each with a private entrance. A rare setup for savvy investors seeking multiple income streams and long-term potential. Recent improvements include a septic system that was recently inspected and passed, upgraded main sewer and waste lines, updated plumbing and electrical, newer windows and gutters, a newer roof section, modern LVP flooring, and stainless-steel appliances. All three units are currently leased through 2027, providing immediate rental income without an immediate lease-up period. Conveniently located near parks, trails, shopping, dining, major commuter routes, and highly rated schools. A truly unique investment property with stable occupancy and significant improvements already completed.

Interior features

Vaulted Ceiling(s)

Exterior features

Wood Products

Appliances

DishwasherDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Schools

Elementary

Buyer To Verify

Middle

Buyer To Verify

High

Buyer To Verify

Property details

Heating: 90%+ High Efficiency, Forced Air
Cooling: None
Flooring: Vinyl Plank, Carpet
Parking: Driveway, RV Parking
View: Territorial
Lot: Open Space, Paved, Secluded
Water source: Public
Sewer: Septic Tank
Levels: Two

Costs

Price / sq ft: $275
Annual taxes: $10,107 (2025)

Estimate your monthly payment

$6,402/mo

Principal & interest: $5,560
Property taxes: $842

Down payment (20%) $219,900 Interest rate (%) Loan term (years)

Loan amount $879,600

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Renton, WA 98058

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Skyline Properties, Inc.— Grzegorz Kutrzeba.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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